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Event Studies and the Law: Part I: Technique and Corporate Litigation
2002
American Law and Economics Review
Event studies are among the most successful uses of econometrics in policy analysis. By providing an anchor for measuring the impact of events on investor wealth, the methodology offers a fruitful means for evaluating the welfare implications of private and government actions. This article is the first in a set of two that review the use and impact of the event study methodology in the legal domain. This article begins by briefly reviewing the event study methodology and its strengths and
doi:10.1093/aler/4.1.141
fatcat:dqmqbd4c7jc3fkckljpqc2v6ka